VAT Rate Changes
Dear Valued Clients,
We would like to express our gratitude for choosing us as your business partner.
In regards to the promulgation of Law Number 7 of 2021 concerning Harmonization of Tax Regulations by the Directorate General of Taxes, PT Petroturbo Indonesia (Petroturbo) would like to inform you of the following:
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Based on Law Number 7 of 2021, the VAT rate is set at 11% which will take effect on April 1, 2022
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Therefore, starting April 1, 2022, Petroturbo will impose a VAT of 11% of the tax base for each Invoice
Should you have any concerns regarding this information, kindly reach our customer support at petroturbo@petroturbo.com or finance@petroturbo.com.
Warm regards,
PT Petroturbo Indonesia